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OTHER (EXPENSE) INCOME
12 Months Ended
Dec. 31, 2023
Other Income and Expenses [Abstract]  
OTHER (EXPENSE) INCOME OTHER (EXPENSE) INCOME
The principal components of other (expense) income, net are as follows (in thousands):
    
Year Ended December 31,
202320222021
Interest and investment income$2,175 $225 $324 
Income tax (expense) benefit(1,041)(850)(738)
Other non-operating income (expense)6,515 — (4)
Total other income (expense)$7,649 $(625)$(418)
For the year ended December 31, 2023, other non-operating income income includes the net settlement payment of approximately $6.3 million received on January 3, 2023 related to certain building systems at our Hassalo on Eighth property.